PPP Loan information for Burke divide electric cooperative inc

$900,000

Burke divide electric cooperative inc was initially approved for PPP Loan of amount $900,000, the current approved amount is $900,000. The loan was approved on 04/29/2020 by The Dacotah Bank reported 35 jobs and $900,000 was used to fund payroll.

Burke divide electric cooperative inc is Existing or more than 2 years old

PPP Loan Search / ND / COLUMBUS / Burke divide electric cooperative inc

BURKE DIVIDE ELECTRIC COOPERATIVE INC

Date Approved

04/29/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BURKE DIVIDE ELECTRIC COOPERATIVE INC

Borrower Address

9549 HIGHWAY 5

Borrower City

COLUMBUS

Borrower State

ND

Borrower Zip

58727-9560

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900000.00

Current Approval Amount

900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

BURKE

Project State

ND

Project Zip

58727-9560

CD

ND-

Jobs Reported

35

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

850000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

909450.00

Forgiveness Date

05/21/2021

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